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1304-1310 Central Avenue 2 Retail Properties Offered at $973,000 in Hot Springs, AR
Investment Highlights
- Two commercial properties, both fully renovated in 2019, fitted with new plumbing, HVAC, electric, roof, floors, and new finishes throughout.
- Located on Central Avenue in a vibrant retail corridor, just a 10-minute walk from downtown, with exposure to over 21,000 vehicles per day.
- Complete with essential fixtures, including a full commercial kitchen, an installed security system with an alarm and cameras, and fully sprinklered.
- Well-supported by the strong consumer base within a 10-mile radius, spending nearly $1 billion annually, with retail accounting for 48% of that.
Executive Summary
1304 and 1310 Central Avenue is a prime investment opportunity that includes two commercial properties on Central Avenue, fully reconstructed in 2019 with new systems and finishes throughout. Both move-in-ready buildings offer a combined 5,800 square feet and feature a full commercial kitchen, sprinkler system, security alarm, and installed camera system. The properties include five bathrooms with a total of eight water closets/toilet stalls, providing excellent functionality for a wide range of users.
The space can accommodate nearly any business type, including medical, dental, office, retail, daycare, veterinary practice, restaurant, or bar and grill. The open floor plan allows for build-to-suit customization or can be kept as is, benefiting from abundant natural light throughout the property.
Located directly on Central Avenue and just steps from downtown, the site offers exceptional exposure and accessibility in a high-visibility corridor. Leverage the impeccable positioning in a dynamic retail corridor, generating co-traffic and added visibility for brand awareness. Retailers within a 10-mile radius are backed by a robust consumer base, spending $965,913,212 annually.
Owner financing is available, and long-term lease options will be considered.
The space can accommodate nearly any business type, including medical, dental, office, retail, daycare, veterinary practice, restaurant, or bar and grill. The open floor plan allows for build-to-suit customization or can be kept as is, benefiting from abundant natural light throughout the property.
Located directly on Central Avenue and just steps from downtown, the site offers exceptional exposure and accessibility in a high-visibility corridor. Leverage the impeccable positioning in a dynamic retail corridor, generating co-traffic and added visibility for brand awareness. Retailers within a 10-mile radius are backed by a robust consumer base, spending $965,913,212 annually.
Owner financing is available, and long-term lease options will be considered.
Property Facts
| Price | $973,000 | Number of Properties | 2 |
| Price / SF | $167.64 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 5,804 SF |
| Status | Active | Total Land Area | 0.39 AC |
| Price | $973,000 |
| Price / SF | $167.64 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,804 SF |
| Total Land Area | 0.39 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1310 Central Ave, Hot Springs, AR 71901 | Retail | 3,100 SF | 1930 | - |
| 1304 Central Ave, Hot Springs, AR 71901 | Retail | 2,704 SF | 1930 | - |
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